FB Financial Authorizes $175 Million Share Repurchase Program
FB Financial Corporation (“the Company”) (NYSE: FBK), the parent company of FirstBank, announced that its board of directors authorized the repurchase of up to $175 million of the Company’s outstanding common stock. The repurchase authorization will be in place until…
Sumitomo Mitsui Trust Bank and Hunter Point Capital Forge Long-Term Strategic Partnership
Sumitomo Mitsui Trust Bank (“SMTB”), Japan’s largest trust bank, and Hunter Point Capital (“HPC”), an independent investment firm providing strategic capital and partnership solutions to alternative asset managers, today announced the formation of a long-term strategic partnership, reflecting the firms’…
MeridianLink Adds New Board Members to Drive Investment and Growth
Appointees bring decades of experience leading fintech and enterprise software companies and serving community financial institutions Following its recent acquisition by Centerbridge Partners and Silversmith Partners, MeridianLink, Inc., a leading provider of digital lending and data-driven decisioning solutions, has announced the appointment of six…
Customers Bank Partners with OpenAI to Transform Commercial Banking Operations
Leading commercial bank to collaborate with OpenAI, building one of the first AI-enabled regional banks in the United States Customers Bank (“Bank”), the subsidiary of Customers Bancorp, Inc. (NYSE: CUBI) one of the nation’s top-performing banking companies with nearly $26…
Northern Trust Wealth Management Names Beata Kirr CIO of Global Family Office
Northern Trust Wealth Management has appointed Beata Kirr as Chief Investment Officer of Global Family Office (GFO). “GFO is dedicated to supporting families who have worked diligently to create lasting legacies, and they deserve an investment strategy that matches their…
UTXO Management Launches Dual-Class Digital Credit Income Fund
UTXO Management GP, LLC (“UTXO Management”), a subsidiary of Nakamoto Inc. (NASDAQ: NAKA), announced the formation of UTXO Preferred Income Strategies LP (the “Fund”) yesterday at UTXO Investor Day during the Bitcoin 2026 Conference. The Fund will create a dual-class…
Nuveen Municipal Closed-End Funds Complete Fund Mergers
The merger of Nuveen Missouri Quality Municipal Income Fund (NYSE:NOM), Nuveen New Jersey Quality Municipal Income Fund (NYSE: NXJ) and Nuveen Pennsylvania Quality Municipal Income Fund (NYSE: NQP) into Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ) was successfully completed…
Bank of Marin Bancorp Announces First-Quarter Financial Results
Bank of Marin Bancorp, “Bancorp” (Nasdaq: BMRC), parent company of Bank of Marin, “Bank,” announced net income of $8.5 million for the first quarter of 2026, compared to a net loss of $39.5 million due to the impact of its…
Sierra Bancorp Announces Q1 2026 Financial Results
Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, announced its unaudited financial results for the quarter ended March 31, 2026. Sierra Bancorp reported consolidated net income of $12.5 million, or $0.96 per diluted share, for the first quarter…
Scienaptic AI Partners with Temenos to Boost Smarter Lending for U.S. Credit Unions
Scienaptic AI, a leading provider of AI-powered credit decisioning, announced an integration with Temenos, a global leader in banking technology. Credit unions using the Temenos’ Loan Origination Solution (LOS) can now access Scienaptic’s AI-driven decisioning directly within their existing loan origination…
Metropolitan Commercial Bank Names Tina L. Laurie as HUD Chief Underwriter
Metropolitan Commercial Bank (“MCB” or the “Bank”) today announced the appointment of Tina L. Laurie as HUD Chief Underwriter within the Lending division. In this role, Ms. Laurie will oversee the credit analysis and underwriting processes for healthcare and multifamily…
Factual Data Adds Innovis FailSafe Protected Prefill to Finastra Integration
Factual Data®, a leading provider of credit and verification services for the mortgage lending industry, today announced that lenders using the Finastra Originate Mortgagebot POS platform can now access FailSafe® Protected Prefill alongside the platform’s existing credit integration with Factual Data.…